An Improved LRMC Method for NCAA Basketball Prediction
The LRMC method for predicting NCAA Tournament results from regular-season game outcomes is a two-part process consisting of a logistic regression model to estimate head-to-head differences in team strength, followed by a Markov chain model to combine those differences into an overall ranking. We consider replacing each of the two parts of LRMC with alternative models, empirical Bayes and ordinary least squares, that attempt to accomplish the same goal. Computational results show that replacing the logistic regression with either of two empirical Bayes models yields a statistically-significant improvement when the probabilities are jointly conditioned.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 6 (2010)
Issue (Month): 3 (July)
|Contact details of provider:|| Web page: http://www.degruyter.com|
|Order Information:||Web: http://www.degruyter.com/view/j/jqas|
When requesting a correction, please mention this item's handle: RePEc:bpj:jqsprt:v:6:y:2010:i:3:n:4. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Peter Golla)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.